Keep Your Distance: 401(k) Participant Investment Behaviors (So Far) During the COVID-19 Crisis
Keep Your Distance: 401(k) Participant Investment Behaviors (So Far) During the COVID-19 Crisis
The recent market volatility, and subsequent impact on retirement account balances, has left many investors wondering what they should be doing with their portfolios. In this paper, we explore the allocation changes and enrollment decisions made by over a half million 401(k) participants during the first quarter of 2020.
What's Inside
What's Inside
- How market volatility influenced participant allocation and enrollment decisions
- The characteristics of participants who adjusted their portfolio
- Which type of professionally managed product or service has been the stickiest during market volatility